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To invest or to pay off debt... that is the question. When it comes to personal finance, investing and retirement conversations we generally have a lot of questions without any clear-cut answers. Should you invest or pay off debt is one of those questions.
Many feel that it is foolish to stop investing (temporarily) to pay off debt because you would lose out on your 401K match. I mean, it's FREE MONEY! Are you seriously going to pass that up?
Well in most cases I think that I would. In this video I'm going to explain why, in my opinion, it is often better to take a temporary break from investing to pay off debt.
What Is Your Car Payment REALLY Costing YOU?: https://youtu.be/nLR-0baUah8
Debt Snowball Vs Debt Avalanche: https://youtu.be/jtgnRJKSJlw
If you enjoyed this video you can check out some of my other videos at the links below!
All of my Personal Finance/Investing videos: https://goo.gl/XW5U3k
All of my Book Summaries: goo.gl/xmWeaD
All of my Social Skills videos: https://goo.gl/N6ikxe
All of my Health Related videos: https://goo.gl/hjQ1j9
All of my Productivity videos: https://goo.gl/WguoFs
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Please watch: "The Budget That Pays You First | Reverse Budget Explained | Budgeting For Beginners"
https://www.youtube.com/watch?v=6RmnUXnBc_g
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